Tuesday, 19 November 2024

HIGH-END Friday, 9 June 2017 02:18

Lufthansa: Direct Payment Option

Since June 2017, customers are able to pay with Amadeus Airport Pay for ancillary services while checking in.

FINANCE Thursday, 8 June 2017 15:59

Wealth Managers in Hong Kong Sign on to Fairness Charter

A new commitment from private wealth management institutions in Hong Kong is being seen as a milestone.

FINANCE Thursday, 8 June 2017 15:19

Lazard Banker to Join Tech Firm

A director in Lazard's investment banking team is leaving to join a technology company as head of business development.

FINANCE Thursday, 8 June 2017 12:10

Thiam's Ongoing Overhaul Gets Funding

Credit Suisse Group investors agreed to buy 99.2 percent of the shares on sale in a rights offering.

FINANCE Thursday, 8 June 2017 10:47

Former Westpac Adviser Banned

The Australian financial regulator banned a financial planner from Western Australia, from providing financial services until 2022.

FINANCE Thursday, 8 June 2017 08:20

BNY Mellon in Tech Move

BNY Mellon appointed a new Chief Information Officer who will report directly to CEO Gerald Hassell. The new hire also joins the firm's Executive Committee, its senior-most governing body.

FINANCE Thursday, 8 June 2017 07:26

Thai Banks Embracing Fintech

Thailand's Kasikorn Bank announced its inaugural tech fund which is 1 billion Thai Baht, in size.

FINANCE Thursday, 8 June 2017 07:17

UBS Sells Dutch Onshore Business

UBS is pulling out of the onshore business with wealthy Dutch clients and has also agreed to a cooperation deal with the buyer of the local unit.

FINANCE Thursday, 8 June 2017 07:09

Swiss Fintech Giant Cuts a Third of its Jobs

Centralway Numbrs, the Zurich-based fintech, plans to launch a global banking platform. But first, the company will cut or relocate a third of its jobs, information obtained by finews.com shows.

FINANCE Wednesday, 7 June 2017 17:31

Is Cost of Living Hurting Hong Kong?

International banks will have to consider salary increases in Hong Kong which is now the Asia Pacific region’s most expensive location for expatriates.

FINANCE Wednesday, 7 June 2017 16:08

Regulator Supports Robo Advisors

The Monetary Authority of Singapore launched a public consultation paper on proposals to facilitate the provision of robo-advisory services in the city-state.

FINANCE Wednesday, 7 June 2017 14:15

UBS Boosts Fixed Income Team

UBS Asset Management hired an experienced fixed income specialist from a rival local institution. 

FINANCE Wednesday, 7 June 2017 12:35

Asset Manager Appoints Head of Sydney Office

Northern Trust established its second office in Australia following its acquisition of Aviate Global last year.

FINANCE Wednesday, 7 June 2017 11:18

Citi Names New Unit Head

Citi has a new Head of Corporate Banking for Australia and New Zealand with immediate effect, the incumbent will retire.

FINANCE Wednesday, 7 June 2017 10:49

Chinese Fintech Grows in Singapore

Chinese Fintech and wealth management company CreditEase, has upped its presence in Singapore with the opening of a larger office.

FINANCE Wednesday, 7 June 2017 08:11

NAB Invests in Fintech Innovator

A start-up that provides Australia’s first open banking API platform, has gained investments from NAB Ventures and Reinventure in a seed funding round.

FINANCE Wednesday, 7 June 2017 08:04

Franklin Templeton Expands Institutional Team

Franklin Templeton Investments Australia appointed from within for an Institutional Sales Director.

FINANCE Wednesday, 7 June 2017 07:52

Thomas Piske: «We Want to Make Lemonade»

Banks are hard at work to ensure that when the new MiFID II regulation enters into application, they are prepared. Although the burden is huge, Thomas Piske, CEO Private Banking at LGT Group, sees it positive.

FINANCE Wednesday, 7 June 2017 07:05

UBS Creates New Unit With 18,000 Employees

UBS has unveiled an independent legal entity for the 18,000 staff performing back-office services. The step is part of the bank’s emergency plan for severe crisis situations.

FINANCE Wednesday, 7 June 2017 07:00

Hugo Baenziger Rejects Deutsche Bank Claim

Deutsche Bank wants its former executives to accept a cut of bonuses due to losses the bank has incurred. One of the managers in question, Hugo Baenziger, the former head of risk, rejects the claims in an interview.

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